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Tuesday, July 19, 2016

TransAlta declares dividends

Marketwired - The Board of Directors of TransAlta Corporation (TSX:TA)(NYSE:TAC) today declared a quarterly dividend of $0.04 per common share payable on October 1, 2016 to shareholders of record at the close of business on September 1, 2016.

The Board of Directors of TransAlta Corporation also declared a quarterly dividend of $0.1693 per share on TransAlta's issued and outstanding 2.709% Cumulative Redeemable Rate Reset First Preferred Shares, Series A, payable on September 30, 2016 to shareholders of record at the close of business on September 1, 2016 for the period from and including June 30, 2016 to but excluding September 30, 2016.

The Board of Directors of TransAlta Corporation also declared a quarterly dividend of $0.16144 per share at the Quarterly Floating Dividend Rate of 2.569% on TransAlta's issued and outstanding Cumulative Redeemable Floating Rate First Preferred Shares, Series B, payable on September 30, 2016 to shareholders of record at the close of business on September 1, 2016 for the period from and including June 30, 2016 to but excluding September 30, 2016. Please note the Quarterly Floating Rate will be reset every quarter.

The Board of Directors of TransAlta Corporation also declared a quarterly dividend of $0.2875 per share on TransAlta's issued and outstanding 4.60% Cumulative Redeemable Rate Reset First Preferred Shares, Series C, payable on September 30, 2016 to shareholders of record at the close of business on September 1, 2016 for the period from and including June 30, 2016 to but excluding September 30, 2016.

The Board of Directors of TransAlta Corporation also declared a quarterly dividend of $0.3125 per share on TransAlta's issued and outstanding 5.00% Cumulative Redeemable Rate Reset First Preferred Shares, Series E, payable on September 30, 2016 to shareholders of record at the close of business on September 1, 2016 for the period from and including June 30, 2016 to but excluding September 30, 2016.

The Board of Directors of TransAlta Corporation also declared a quarterly dividend of $0.33125 per share on TransAlta's issued and outstanding 5.30% Cumulative Redeemable Rate Reset First Preferred Shares, Series G, payable on September 30, 2016 to shareholders of record at the close of business on September 1, 2016 for the period from and including June 30, 2016 to but excluding September 30, 2016.